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JILIN, Jilin, Nov. 6 (Xinhua) -- A fire that broke out in a northeast China shopping mall lasted 12 hours, leaving at least 19 people dead and 27 injured in the country's worst fire since 2009, government officials said Saturday.The deadly fire sounded an alarm to fire departments throughout the country just four days before national Fire Prevention Day, and has prompted a nationwide campaign to stamp out fire threats during this dry and windy winter season.The mall rescue operation ended at 8:30 a.m. Saturday, nearly 24 hours after the fire broke out at Jilin Commercial Building on Hunchun Road, Jilin City, Jilin Province, Liu Qizhi, a spokesman with the municipal government told reporters. Further, Liu said that 24 of the 27 injured remain hospitalized, but their conditions are stable.On Saturday, officials expressed relief about news that over 80 older women who were trapped in the blaze managed to escape unharmed.Zhang Liying, one of the women, said they were participating in their usual morning dancing group on the mall's fifth floor when the fire broke out."We saw flames and thick black smoke surge from downstairs. We called the firemen, told them where we were, and then climbed out of the window to the balcony, one by one," Zhang said.After being rescued, some of the women tearfully hugged each other following their near-death escape.Businesses started to reopen in the shopping area on Hunchun Road on Saturday night, while insurance company workers and store owners began assessing their losses.Currently, work crews continue combing the ruins of the five-story shopping mall, built in 1987, to determine the cause of the fire. Also, officials report that the complex's general manager has been detained for questioning.An initial investigation points to the fire originating on the mall's first floor, where home appliances and cosmetic products are sold, but soon spread to the fifth floor. Clothes, bed covers, quilts and other highly flammable goods were on display from the second to fourth floors.Following the mall fire, the Ministry of Public Security issued a circular ordering fire departments across the country to learn from the incident, stay on high alert, and review prevention measures to guard against similar incidents.The circular reported that casualties in the Jilin mall fire were the biggest since 2009. Officials said a team of investigators, led by ministry officials, were on their way to Jilin."As the northern region enters winter and temperatures starts to drop in the southern region, fire threats have greatly increased," the circular notes, adding that there has already been a string of fires that caused heavy casualties in October.According to the latest available data, 729 people were killed in more than 89,049 fires that broke out across China in the first eight months of this year.In 2009, at least 945 people were killed in fires across the country , official statistics indicate.
SHANGHAI, Oct. 18 (Xinhua) -- China will continue to promote gradual exchange rate reforms, even while the yuan is expected to stabilize at a reasonable level, said Yi Gang, head of the State Administration of Foreign Exchange (SAFE) Monday in Shanghai.Yi, also deputy governor of the People's Bank of China (PBOC), or the central bank, made the remarks at a seminar held by the International Monetary Fund (IMF) to discuss the theme "Macro-Prudential Policies -- an Asian Perspective"."The flexibility of the yuan has increased since China launched exchange rate reforms in June. We will further boost those reforms, but the process will be gradual," Yi said."Judging from the markets, the yuan can remain stable at a reasonable and balanced level," he said.China will also continue to expand domestic demand and boost construction in rural medical services, education and infrastructure, he said.Five years ago, China abandoned a decade-old peg to the U.S. dollar and allowed its currency to fluctuate against a basket of currencies and appreciate by 2.1 percent.Since then, the yuan has strengthened further, albeit slowly, and has risen more than 21 percent against the greenback.On June 19 this year, the Chinese central bank announced that it would further reform the yuan's exchange rate mechanism to improve its flexibility.

NICE, France, Nov. 5 (Xinhua) -- Chinese President Hu Jintao on Friday urged major economies to jointly shore up the burgeoning economic recovery worldwide in the wake of the latest global financial crisis.The call came in Hu's talks with his French counterpart Nicolas Sarkozy in this southern French city, just days ahead of a summit of the Group of 20 main economies in Seoul.All the parties should strengthen coordination on their macropolicies on the basis of unity, mutual benefit and win-win progress, sending a clear message to the market that they are united against serious global economic challenges, Hu said.Chinese President Hu Jintao (L) meets with French President Nicolas Sarkozy at the Massena Museum in Nice, France, Nov. 5, 2010.In this way, they will be able to rally market confidence and maintain the momentum of the recovery of the recession-hit world economy, he added.Meanwhile, the parties need to promote the reform of the international financial system, improve related supervision and regulation, and expand the representation of emerging economies and developing countries in international financial institutions, Hu said.Concerted efforts should also be taken to narrow the gap between the North and the South, curb all forms of protectionism and secure a comprehensive and balanced outcome of the Doha Round of World Trade Organization negotiations, he added.
BEIJING, Oct. 23 (Xinhua) -- China's Ministry of Finance (MOF) announced Friday it would sell 28 billion yuan (4.2 billion U.S. dollars) of book-entry discount treasury bonds from next Monday.The bonds would be sold at a discount and mature at face value, said the ministry in a statement on its website.With a term of 91 days, the issue price of the discount bonds would be 99.542 yuan, said the statement.The bonds will be sold from Oct. 25 to 27 and become tradable on inter-bank and securities bond markets on Oct. 29.The issue is the 14th batch of its kind this year.
NEW YORK, Sept. 21 (Xinhua) -- Chinese Foreign Minister Yang Jiechi on Tuesday expressed hope that the four BRIC countries -- China, India, Russia and Brazil -- will further strengthen coordination and cooperation.Yang made the appeal as he chaired a meeting of BRIC foreign ministers in New York.Yang told his BRIC counterparts that the four countries have constantly enhanced their cooperation in a more defined direction and within an increasingly mature mechanism, thus increasing their influences in the international arena.He hoped that the four countries will further strengthen coordination, build a solid foundation for cooperation and broaden areas of cooperation so as to uphold the common interests of developing countries.The foreign ministers held discussions over issues including cooperation among emerging market countries, the reform of the international financial architecture and global economic governance as well as international development cooperation.The meeting was held on the sidelines of the UN high-level meeting on the Millennium Development Goals (MDGs), which began Monday.On Tuesday, the Chinese foreign minister also held a bilateral meeting with his Russian counterpart, Sergei Lavrov.Yang told Lavrov that frequent contacts at high-levels between China and Russia have fully demonstrated the high standard of Sino- Russian strategic partnership of cooperation.China hopes both sides will further enhance communication and coordination so as to elevate their cooperation in all areas to a new level, Yang said.Lavrov said that Russia is willing to work with China to deepen cooperation in all areas and strengthen coordination and cooperation on major international and regional issues so as to continue to move forward bilateral relations.
来源:资阳报